C000140936 Fees and Costs — AB High Yield Portfolio, Advisor Class
Data updated: 2023-06-26
The net expense ratio is 0.60%: a 0.45% management fee plus 0.90% other expenses, less a 0.75% fee waiver. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $527 in broker commissions, 0.0008% of average net assets, and portfolio turnover was 48%.
C000140936 Fees and Expenses
Annual operating expenses and sales charges of C000140936. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.90% |
| Gross expense ratio | 1.35% |
| Fee waiver | −0.75% |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000140936 Costs Over Time
On $10,000 invested in C000140936, assuming 5% a year before costs, total costs come to $379 over 5 years, cutting the return by 0.63% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $379 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000140936 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $527
- Bought from dealers (principal trades, not a cost): $384.2M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
C000140936 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $232 | 44.36% |
| Goldman Sachs & Co. LLC | $130 | 24.95% |
| Morgan Stanley & Co. LLC | $70 | 13.39% |
| Wells Fargo Securities, LLC | $46 | 8.76% |
| Direct Trading Institutional Inc | $11 | 2.01% |
| J.P. Morgan Securities LLC | $10 | 1.83% |
| Barclays Capital Inc. | $9 | 1.78% |
| Liquidnet, Inc. | $8 | 1.61% |
| Credit Suisse Securities (USA) LLC | $6 | 1.06% |
| Cowen and Company, LLC | $1 | 0.24% |
C000140936 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $196.6M | 53.08% |
| Brown Brothers Harriman Investments, LLC | $86.6M | 23.38% |
| J.P. Morgan Securities LLC | $23.4M | 6.31% |
| Goldman Sachs & Co. LLC | $22.8M | 6.16% |
| CLSA Americas, LLC | $16.6M | 4.48% |
| Barclays Capital Inc. | $7.9M | 2.13% |
| Jefferies LLC | $5.7M | 1.53% |
| BofA Securities, Inc. | $5.1M | 1.38% |
| Citigroup Global Markets Inc. | $2.9M | 0.79% |
| Jane Street Execution Services, LLC | $2.8M | 0.76% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.